Love, your Money - Wealth, Money, and Financial Advisor for Women

Welcome to episode 177 of Profit Boss® Radio! Today, I’m reaching into the archives and sharing a past episode that’s as relevant today as it was when I shared it as episode 2.   In this replay, I’m speaking with serial entrepreneur Allison Maslan. Not only has she built a business empire, and been named one of the “Top Women Entrepreneurs Who Inspire” by Self Made Magazine, but as one of my business mentors, she’s responsible for so much of my business growth and success. Our conversation is all about women in business - entrepreneurship, financial independence, managing finances as a couple, money mindsets, hiring, selling, exit strategies, and more. Whether you’ve heard this one before, or missed it the first time, this one is packed with a ton of value that’s worth its weight in gold. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Where does the courage to start your own business come from? Planning an exit strategy for your business. Why every woman should maintain financial independence. The importance of learning from your financial mistakes. Managing money as a couple. Shifting your money mindset from scarcity to abundance. Achieving success by embracing rejection. Why successful business owners are not victims of circumstance — success is a choice! A great tip for those who are afraid to sell. How to develop thick skin as a business woman. What to do when a prospect thinks your product/service costs too much? Why hiring is an investment and how to recruit top talent. How much should you pay yourself as the business owner? Saving as an entrepreneur and setting a financial freedom target. Strategies for couples who have conflicting money mindsets. Morning routines and rituals. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/allison-maslan-entrepreneurship-financial-intimacy/ Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

Welcome to episode 176 of Profit Boss® Radio! In this episode, we’re on a mission to end entrepreneurial poverty for women. We’re talking about what it means for female entrepreneurs to design predictably profitable businesses—without the hassle and burnout—so that you can do less and earn more!  So many women struggle to turn a profit as they build businesses. In fact, even though women own 44% of small businesses, they only make up 4% of the small business revenue in the United States!?  How did this happen? Well, one big part of this is the fact that the MBA programs that so many women go through only train people to run large corporations. Unfortunately, they don’t equip you with the unique skills you need to build a thriving small business. That’s why I’m so excited to have Racheal Cook with me today. Racheal is an award-winning business strategist, best-selling author, and host of the Promote Yourself to CEO podcast.  In today’s conversation, we talk about the fourth and fifth steps from my 7 Steps to Wealth Framework: ask and earn. You’ll learn how to make money (and earn it) in your own business, as well as in your personal financial life. Racheal and I go in-depth on what it means to design a business on your terms and get out of entrepreneurial poverty as a woman–once and for all! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: How Racheal burned out on corporate consulting and found herself working uniquely with small businesses. Why so many small business owners work so hard for so little—and why it takes so long for them to realize this. The key to making your business run with ease—and the major mistakes so many women make that hurt their businesses (and themselves). Three things women need to be doing to run more resilient businesses. What you can do to get peace of mind if you’re suffering from burnout. How a bad CPA cost Racheal $15,000 in taxes that she didn’t need to pay. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/racheal-cook-ending-entrepreneurial-poverty/ Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

Welcome to episode 175 of Profit Boss® Radio! In this episode, we’re talking about how to literally rewire your money mind!  Rewiring and engaging neuroplasticity is key to transforming your financial outcomes and altering your limiting beliefs—and no, this has nothing to do with affirmations!  To discuss this topic, I’m excited to welcome Barbara Huson back to the podcast. Barbara is the author of Rewire for Wealth: Three Steps Every Woman Can Take to Program Her Brain for Financial Success. She’s dedicated her entire career to being a money mentor for women, and in many ways, this new book is the synthesis of all the work she has done.  Barbara knows first hand the impact that negative money experiences can have on our brains. In our conversation, you’ll hear the story of the ex-husband who gambled all her money away, and the feeling of shame and fear that pushed her into a state of depression—and how she turned things around!  Barbara also shares some real world stories of her clients who have completely transformed their money minds, and the neuroplasticity techniques they used to do it. We also dig into the beliefs and ideas behind this quote: “The only people who don’t have insane relationships with money are those who are willing to examine their insane relationship with money.” If you’re ready to rewire your brain and change the way you think about money, don’t miss this episode of Profit Boss® Radio! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: How we all become wired for wealth at some stage in our lives–and why we have to change this wiring to effectively change our behavior. How shame can impact women financially–and why it shouldn’t hold you back. What exactly neuroplasticity is–and three steps you can take to change your brain. Why traditional financial education is obsessed with behavior and nothing else–and how this causes so many women to have problems with money. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/rewire-for-wealth-barbara-huson. Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

Welcome to episode 174 of Profit Boss® Radio! It’s true, I haven’t published a podcast episode in over half a year—and today you’re going to find out why! You’ll hear all about how I ended up in a complete state of burnout, and the mindset shift I had to make to turn things around.  I had something brewing in my business that turned out to be a BIG mistake. I let a limiting belief around money stop me from hiring new staff when I needed it the most—preventing me from effectively scaling my business.  Yes, of course, even though I don’t tend to make them very often anymore, you can count on me to be honest about my own financial mistakes. And if you have your blinders on (like I did) you may have limiting beliefs around money that are getting in your way too!  With these hard lessons in mind, today’s episode of Profit Boss® Radio takes a look at the 7 Steps to Wealth Framework. I want you to see which of these critical steps are working for you in your life and business right now AND which you need to put in place before financial mistakes—or even tragedies—occur. Then, I review the Forbes Billionaires list, and show how your reaction to it can give you insight into your own (potentially) broken mindsets. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why it’s so easy to forget what you know–and how being attached to profit ended up hurting me. Why growing a profitable business is always about personal growth (what got you here won’t get you there!) The 7 Steps to Wealth–and how to use this blueprint to build (and protect) a fortune. What it means if you have a negative (or positive) emotional response to seeing stories about the Forbes Billionaires list. Show Notes To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/174. Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google PodcastsHendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

As we round out 2020, this will be my last podcast of the year. I'm sharing a helpful checklist for the financial housekeeping items you should be taking care of before year end.  For more information visit HilaryHendershott.com Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google PodcastsHendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

In case you haven’t heard, the doors are now open for my upcoming Wealth Multiplier℠ Course - which was specifically created to help business owners achieve financial success. In today’s episode of Profit Boss® Radio, I’m talking all about what to expect by signing up! Not only that, but as a prelude to the course, I’m also offering a FREE coaching session to all Profit Boss listeners. After attending this FREE training, you will: Learn how to STOP making the 3 most common money mistakes. Know how to embody the 3 habits of highly successful business owners. Discover the 1 commitment you need to make that will transform your reality with money forever. FREE Coaching Session (Dates & Times): Friday Oct 9th, 2pm PST Tuesday Oct 13th, 12pm PST Visit HilaryHendershott.com/multiply to secure your spot today! Wealth Multiplier℠ Course - for Business Owners to Achieve More With Money Discover what it will take for you to completely transform your reality with money through a hands-on and supportive 7-month financial coaching program. Friday, October 16th, 2020 Visit WealthMultiplierCourse.com to learn more!  Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

Welcome to episode 171 of Profit Boss® Radio! In this episode, we’re talking to you business owners about how you can reap the rewards of your blood, sweat, and tears.  I see so many entrepreneurs attempt to successfully manage their money in business to the detriment of their personal net worth and financial future. It’s very easy to have millions of dollars in revenue slip through your fingers when you fail to capture it, make it yours, and put it in your name.  So, are you ready to make a plan to get what you want, take back your power when it comes to money, and figure out the difference between wanting and achieving financial success? If so, today’s episode of Profit Boss® Radio is for you!  PS: After you listen to today’s episode, I want you to go check out my free, on-demand video training. In it, I expand further on how you as a business owner can make more of your money and why I want you to consider my Wealth Multiplier Course. Simply visit HilaryHendershott.com/Wealth to find out more. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why businesses are hungry and selfish for your time and your money - and why it’s so hard to build a sustainable business that helps you achieve massive personal wealth.  How amassing and paying off $300,000 in uncollateralized debt helped me pave my own road to long-term financial success. Why operating inside limiting beliefs stops you from growing your revenue and your business. How not having a plan for money sets business owners up for failure - and how having a solid plan stops me from getting worried about this year despite the fact that my household and business income is down significantly.   Show Notes To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/171. Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to The Retirement Years on Profit Boss® Radio Apple Podcasts Overcast Spotify Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

In this episode, we’re talking about investing in what is probably the freakiest time period we’ve ever lived through. The markets are just as wild as life right now, and you need to be educated and have a solid investment philosophy you will abide by to avoid getting off-track. The market has been massively positive for owners of US large stocks. The market has not only recovered the 35% lost in March, but gained another 10 to 15%, and has become massively volatile. It’s easy to get emotional, to be ruled by hindsight bias, and to overthink bad decisions. So, are you ready to create a solid plan, put it into place, and give yourself at least a little more peace of mind, even in difficult times? If so, tune into Profit Boss® Radio today! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why the markets are so volatile right now - and how 12 companies are propping up the rest of the S&P 500. Why you should still feel good about making the right choices, even when they have bad outcomes.  The massive misunderstanding that people have when it comes to their investments.  The difference between traditional active and evidence-based investing - and why it’s so important to be diversified right now. Show Notes To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/170. Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to The Retirement Years on Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google PodcastsHendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

In this episode of Profit Boss® Radio, we’re providing you with a proven guide to move forward and make power moves in your career. With all the uncertainty and unrest in the world, and the changes people are making in their lives, whether out of necessity or by choice, now is a perfect time to make big changes. However, even though women make up 50% or more of the workforce and the workforce is less defined than ever before, there are still so few great resources on this topic. Lauren McGoodwin, is an author, speaker, colleague, and friend. She’s the founder and CEO of Career Contessa, where she provides career development resources for women who are job searching, soul searching, leading, managing, or trying to find new ways to advance within their careers. Today, Lauren joins the podcast to ditch the platitudes and talk about what it truly means to build a career that grows and changes with you, the unique challenges that women face when it comes to finding fulfilling work, and how to start making moves, big and small, to bring your life and career into alignment with what you really want. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: The difference between “finding your purpose” and “finding your passion” (and which one Hilary absolutely hates!) - and what it really means to build a multi-dimensional career that grows with you and your interests. Why many women find it so hard to find careers that they really love - and what Lauren learned from her extensive research in this field. Why any move made proactively and with intention can be a power move - and why so many of the most successful and fulfilled women make intentional moves every day at a micro and macro level. Why a power move doesn’t need to be dramatic or life-changing - and can be something as simple as asking for a mental health day, asking to sit in on a project, setting new boundaries, or learning a new skill. The big lessons Lauren learned from launching Career Contessa in 2013. Free Gift (limited supply) Find out how you can get a free copy of Power Moves: How Women Can Pivot, Reboot, and Build a Career of Purpose. Visit HilaryHendershott.com/169 for all the details.  Show Notes To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/169. Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to The Retirement Years on Profit Boss® Radio Apple Podcasts Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

In this episode, we’re bringing those of you who may be suffering financially a ray of hope. When more than a million dollars disappears from your business - and, subsequently, your net worth - how do you find the courage and resilience to begin the emotional and financial journey to recovery? Today’s guest is Ivy Slater. Ivy is an entrepreneur, best-selling author, speaker, podcaster, and certified business coach. Before she founded Slater Success, she operated a successful printing business for over 20 years in New York City. Ivy had to learn hard financial lessons when she and her husband discovered a massive financial tragedy had occurred. She and her husband had to find a way to deal with their grief and anger while navigating an unrelenting set of financial commitments. While their story isn’t without missteps, ultimately they’ve set their recovery in motion in a way they can now be proud of. If you find yourself at a financial crossroads, making virtuous and productive choices can feel futile, after all, the bank balances don’t rise automatically or immediately. Rewinding the clock on your financial planning by 20 years takes gumption, and it takes time to see the results of your hard work. Ivy’s is another of the stories we highlight on Profit Boss® Radio to show you that it does make a difference to make the right moves and start planning and building. Today, I’m sharing parts of my conversation with Ivy about the intimate, difficult, and emotional process of losing everything and starting over - and how she and her husband exemplified my 7 Steps to Wealth framework as they courageously rebuilt their lives, survived serious financial trauma, and stayed together as a family. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: What happened when Ivy and her husband discovered that over a million dollars went missing - and how they created an action plan to start rebuilding. How Ivy talked to her kids about their serious money problems - and how she paid to put two kids through college, including one year where she needed to cover $100,000 in tuition expenses! Why accepting responsibility and committing to each other helped keep Ivy’s marriage alive at the toughest times. How navigating this loss helped Ivy prioritize herself, become a better leader, find joy, and pay it forward. Wealth Multiplier Course - The Doors Open In September! Learn how to feel empowered with financial confidence so that you can achieve more than you ever thought was possible! Visit HilaryHendershott.com/168 for all the details! Show Notes To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/168. Follow Hilary on: Twitter LinkedIn Instagram Facebook Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.